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HomeOffice of the SpokespersonPress Releases...Targeting Russia’s Global
Military Procurement Network and Kremlin-Linked Networks
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TARGETING RUSSIA’S GLOBAL MILITARY PROCUREMENT NETWORK AND KREMLIN-LINKED
NETWORKS

Press Statement

Antony J. Blinken, Secretary of State

November 14, 2022




In response to Moscow’s unprovoked war against Ukraine, the United States will
continue to disrupt Russia’s military supply chains and impose high costs on
President Putin’s enablers, as well as all those who support Russia’s brutality
against its neighbor.  Today, the Departments of State and the Treasury are
targeting international facilitators and enablers, including a procurement
network in Europe and Asia.

Specifically, the Department of State is designating AO PKK Milandr (Milandr)
pursuant to Section 1(a)(i) of E.O. 14024 for operating or having operated in
the electronics sector of the Russian economy.  This entity is a Russian
developer and manufacturer of integrated microcircuits, specializing in the
production of microelectronics products.  Milandr is part of Moscow’s military
research and development structure and has participated in Russian weapons
expositions.  In parallel, the Department of the Treasury is designating three
entities tied to Milandr: Armenia-based Milur Electronics LLC, which has been
used as a Milandr front company to conduct Milandr’s business with foreign
partners; Taiwan-based Sharp Edge Engineering Inc., a front company used to
purchase microelectronic components from Asian companies; and Switzerland-based
Milur SA, which has been used by employees and business associates of Milandr to
coordinate financial transfers to Milur Electronics LLC.  Treasury additionally
designated two Milur SA officials and the General Director of both Milandr
itself and Milur Electronics.

The Department of the Treasury is designating family members of U.S.-sanctioned
Russian elite Suleiman Kerimov, including his son Said Kerimov; his adult
daughters Gulnara Kerimova and Amina Kerimova; and his wife Firuza Kerimova.
 Treasury is also designating Nariman Gadzhiev, a primary financial facilitator
for Kerimov, and a UAE-based holding company linked to Gadzhiev.

Additionally, Treasury is also designating four France-based real estate
companies owned by Gulnara Kerimova; Swiss national Laurin Katz, who serves as
president of these four companies; a Switzerland-based entity linked to Katz;
and Malta- and Russia-based aircraft management company Emperor Aviation Ltd,
which has coordinated luxury travel for Kerimov’s immediate family, including
Gulnara Kerimova, even after Russia launched its full-scale invasion of
Ukraine.  Treasury is also identifying as blocked property eight luxury aircraft
operated by Emperor Aviation.

Treasury is designating Alexander-Walter Studhalter, a key player in Kerimov’s
financial network, eight Studhalter-linked entities across five European
countries, and his two adult sons who hold leadership positions in one of their
father’s companies.

Treasury’s designations further include Russian businessman and investor Murat
Aliev, a former executive at a Kerimov investment firm, and seven associated
companies.  Inga Rettich, the director of one of these companies who also works
for Studhalter, is being designated as well.

Finally, Treasury is designating two Switzerland-based holding companies tied to
U.S.-sanctioned Andrey Grigoryevich Guryev, a known associate of Vladimir Putin
and a former Russian senator.

The United States will continue to crack down on Russia’s attempts to evade
international sanctions to fund its war machine.  Businesses worldwide are
advised to do their due diligence in order to avoid being targeted for
sanctions.

For more information on today’s action, please see the Department of the
Treasury’s press release.



Tags

Armenia Bureau of Economic and Business Affairs Bureau of European and Eurasian
Affairs Business Division for Counter Threat Finance and Sanctions Economic
Prosperity and Trade Policy France Office of the Spokesperson Russia Sanctions
The Secretary of State Switzerland Taiwan


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